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Amphenol Corporation Completes Acquisition of CIT Business from Carlisle

May 21, 2024

Amphenol Corporation (NYSE: APH) has completed its acquisition of Carlisle Interconnect Technologies (CIT) from Carlisle Companies (NYSE: CSL). The acquisition strengthens Amphenol's portfolio of harsh environment interconnect solutions, expanding its capabilities in commercial aerospace, defense, and industrial markets. Amphenol expects CIT to generate approximately $900 million in 2024 sales with a 20% adjusted EBITDA margin and to be accretive to earnings.

Read more on Amphenol's website